To us sponsors are valued, honored partners and collaborators; An individual or an organization or institute that offer funding or products and services to support events, program, project, or activity. Especially: one that pays the cost in return for goodwill in a social cause, advertising marketing themselves or their organization for collaborating and supporting a social cause in line with our mission and value.
A corporate sponsorship is a form of support nonprofits receive from corporations for an event or other project. The benefits are twofold: nonprofits receive the help they need to continue serving their missions, while the company receives tax deductions and a positive boost in their brand for supporting a social cause.
Sponsors are generally recognized by nonprofits in various forms – through physical marketing materials, printed materials, on websites, social media, digital platforms used to promote and host events.